Slide 1: KT 3Q21 Earnings Release
KT 3Q21 Earnings Release 2021. 11. 9 | Investor Relations DIGICO KT
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by KT Corp.(the “Company”) in accordance with K-IFRS. This presentation contains forward-looking statements, which are subject to risks, uncertainties, and assumptions. This presentation is being presented solely for your information and is subject to c
Slide 3: Agenda: 3Q21 Highlights
1 3Q21 Highlights 2 Financial Highlights 3 Business Overview 4 Appendix 3
Slide 4: 3Q21 Highlights
1 3Q21 Highlights Financial Revenue 6,217.4 bn. (YoY + 3.6%) Revenue 4,664.7 bn. (YoY + 3.2%) Consolidated KT Separate Operating Operating 382.4 bn. (YoY +30.0%) 259.1 bn. (YoY +24.3%) Profit Profit Operations Sustaining Telco and Platform biz growth Accelerating progress in Group restructuring Epsi
Slide 5: DIGICO transformation
2 DIGICO transformation • 4 Business Categories by customer and BM—Telco B2C, Telco B2B, DIGICO B2C, DIGICO B2B • B2B/DIGICO revenue portion target to 50% by 2025, which is currently 39% in 2021 (KT Separate, each 3Q accumulated revenue) (BM type) TELCO DIGICO Mobile·Broadband·Telephony and etc. IPT
Slide 6: Financial Highlights
1 3Q21 Highlights 2 Financial Highlights 3 Business Overview 4 Appendix 6
Slide 7: Income Statement
Income Statement K-IFRS / Consolidated Total revenue increased +3.6% YoY with balanced growth in both Telco and Digital platform business Operating income increased +30.0% YoY with revenue growth and efficient cost spending (flnit: KRW bn) 3Q20 2Q21 3Q21 QoQ YoY Operating Revenue 6,001.2 6,027.6 6,2
Slide 8: Operating Expenses
Operating Expenses K-IFRS / Consolidated (flnit: KRW bn) 3Q20 2Q21 3Q21 QoQ YoY Operating Expenses 5,707.2 5,551.8 5,835.0 5.1% 2.2% Labor Cost 1,082.3 1,025.5 1,090.0 6.3% 0.7% General Expense 2,385.3 2,380.9 2,447.7 2.8% 2.6%—Depreciation 905.3 897.3 895.1 -0.2% -1.1% Cost of Service Provided 823.
Slide 9: Financial Position
Financial Position K-IFRS / Consolidated (flnit: KRW bn) 3Q20 2Q21 3Q21 QoQ YoY Assets 36,449.2 34,139.0 35,831.2 5.0% -1.7% Cash & Cash equivalents 2,990.9 3,097.0 3,088.9 -0.3% 3.3% Liabilities 20,794.0 18,475.2 19,733.7 6.8% -5.1% Borrowings 7,850.9 7,755.7 8,396.1 8.3% 6.9% Equity 15,655.1 15,66
Slide 10: CAPEX
K-IFRS / Separate CAPEX CAPEX executed 1,464.8 bn won till 3Q21 - Access Network 730.5 bn, Backbone Network 228.3 bn, B2B communications 217.9 bn, others 288.1 bn 3,313 3,257 (flnit: KRW bn) Access Network Backbone Network B2B Others 2,872 1,870 2,514 2,397 2,359 2,250 1,977 2,199 1,593 1,362 1,316
Slide 11: Business Overview
1 3Q21 Highlights 2 Financial Highlights 3 Business Overview 4 Appendix 11
Slide 12: KT - Wireless
KT—Wireless Wireless service revenue up +3.8% YoY with solid growth of 5G subscribers Total number of 5G subscribers recorded 5.61 million(39% of Handset subscribers) K-IFRS / Separate (flnit: KRW bn) 3Q20 2Q21 3Q21 QoQ YoY Wireless 1,742.1 1,788.5 1,794.7 0.3% 3.0% Service 1,636.2 1,688.5 1,697.8 0
Slide 13: KT - Fixed Line/IPTV
KT – Fixed Line/IPTV K-IFRS / Separate Telephony revenue decline mitigated(-1.2% YoY) and Broadband revenue increased +2.4% YoY underpinned by solid growth in subscriber base IPTV revenue up +3.1% YoY with consistent subs growth and platform revenue growth (flnit: KRW bn) 3Q20 2Q21 3Q21 QoQ YoY Tele
Slide 14: KT - B2B and others
KT – B2B and others B2B total revenue up +6.0% YoY with data traffic increase and Digital demands growth AI/DX revenue up +29.7% with continued growth in AICC, IDC, Cloud and others K-IFRS / Separate (flnit: KRW bn) 3Q20 2Q21 3Q21 QoQ YoY B2B 686.4 691.3 727.7 5.3% 6.0% Corporate Fixed Line 266.9 27
Slide 15: Major subsidiaries
Major subsidiaries K-IFRS / consolidated(each subsidiary) BC card revenue up +2.9% YoY from increased credit card transaction volume Contents subsidiaries revenue up +24.6% YoY with growth of digital ads, T-Commerce and others Subsidiaries Revenue (flnit: KRW bn) ? Contents subsidiaries : KT Seezn(3
Slide 16: Appendix
1 3Q21 Highlights 2 Financial Highlights 3 Business Overview 4 Appendix 16
Slide 17: K-IFRS Income Statement
K-IFRS Income Statement (flnit: KRW bn) Consolidated 3Q 20 4Q 20 1Q 21 2Q 21 3Q 21 KT Separate 3Q 20 4Q 20 1Q 21 2Q 21 3Q 21 Operating revenue 6,001.2 6,207.3 6,029.4 6,027.6 6,217.4 Operating revenue 4,520.5 4,590.0 4,574.5 4,478.8 4,664.7 Service revenue 5,240.0 5,302.5 5,230.4 5,336.8 5,402.4 Ser
Slide 18: K-IFRS Balance Sheet
K-IFRS Balance Sheet (flnit: KRW bn) Consolidated 3Q 20 4Q 20 1Q 21 2Q 21 3Q 21 KT Separate 3Q 20 4Q 20 1Q 21 2Q 21 3Q 21 Assets 36,449.2 33,662.5 33,547.6 34,139.0 35,831.2 Assets 28,774.1 28,027.9 27,693.7 28,203.4 28,607.5 Current assets 14,211.2 11,154.2 11,567.1 11,695.3 11,897.4 Current assets
Slide 19: Subscribers
Subscribers K-IFRS / Separate Wireless 3Q 20 4Q 20 1Q 21 2Q 21 3Q 21 QoQ YoY Subscribers (flnit: Thousands)1) Total 22,333 22,305 22,427 22,621 22,735 0.5% 1.8% Net additions 200 -28 122 194 114 -41.2% -42.9% Gross additions 1,033 999 1,165 1,041 986 -5.3% -4.5% Deactivation2) 833 1,026 1,043 847 87
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